The main purpose of this paper is to prove that smoothness is not a restrictive assumption in inequality measurement as any inequality measure (preorder) can be approximated in a well defined sense by a smooth inequality measure (preorder).
Smooth Inequality Measurement: Approximation Theorems
PELUSO, Eugenio
2010-01-01
Abstract
The main purpose of this paper is to prove that smoothness is not a restrictive assumption in inequality measurement as any inequality measure (preorder) can be approximated in a well defined sense by a smooth inequality measure (preorder).
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